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Navigating the process of buying a new home in West, TX while selling your current one can be challenging. Horizon Lending Services' Bridge Loan program provides an ideal solution for a smooth transition, especially in today's competitive market where contingency offers are frequently not accepted.
Start by listing your current home for sale in West, TX or getting it ready for the market.
Identify the new home you want to buy in West, TX, make an offer, and reach an agreement with the seller. You can then proceed with the purchase using our bridge loan.
Our bridge loan program in West, TX often does not require a down payment, freeing you from the need to come up with additional funds.
After your current home sells, we use the profits in West, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in West, TX. You can choose to roll in all closing costs during this process, potentially requiring no money at the closing table.
Many of our bridge loans in West, TX do not require a down payment, making it easier for you to transition to your new home.
You don’t need to qualify for both mortgage payments simultaneously.
Bridge loan payments in West, TX may be deferred, meaning no payments are due while you are using the bridge loan.
You can pay off the bridge loan early without any penalties.
Our bridge loan in West, TX provides the financial flexibility and convenience you need to buy a new home without waiting for your current home to sell, avoiding the hassle of managing two mortgages or making contingent offers. We handle the details, ensuring a seamless transition from your bridge loan in West, TX to permanent mortgage financing, making the process as smooth as possible for you.
Ready to make your move? Contact us today to get started!
Bridge loans offer a valuable solution for homeowners in West, Texas, allowing them to bridge the gap between selling their current home and purchasing a new one. This type of financing provides flexibility and convenience during the transition, offering quick access to funds without the need for a down payment. Demographics West, Texas, is a charming small town with a population of around 2,800 residents. The community is known for its strong Czech heritage, reflected in local festivals, bakeries, and cultural events. The town boasts a close-knit community where neighbors often come together to support one another. Housing Market The housing market in West, Texas, presents a mix of traditional single-family homes, ranch-style properties, and newly constructed developments. With a median home price below the national average, West offers affordable housing options for buyers. The market is stable, making it an attractive location for both first-time homebuyers and investors. Main Attractions West, Texas, offers a variety of attractions for residents and visitors alike. From the iconic Czech Stop bakery, known for its delicious kolaches, to the annual WestFest celebration, the town is rich in culture and entertainment. Outdoor enthusiasts can enjoy nearby parks and recreational areas, providing ample opportunities for leisure and relaxation.
Benefits of Bridge Loans in West, Texas